Editor’s note: It’s about time we look to the private sector for solutions. Government gets in the way!
Something has to give.
Pennsylvania has far more transportation projects that need to get done than it has money for. In fact, the state is facing a $3.5 billion shortfall in government funding for transportation.
And since an overhaul in funding methods is unlikely to happen overnight at the federal or state level, Pennsylvania lawmakers are looking to what they say could be baby steps toward a fix.
One proposal in Harrisburg would allow the private sector to invest in Pennsylvania’s transportation system through an arrangement called a public-private partnership, or P3.